Hi-Tech Housing, Inc. — Federal Contractor Profile

HI-TECH HOUSING, INC. Secures $49M in Federal Contracts with No Recent Activity

Contractor Overview

Total Contract Value: $48,995,213 ($49.0M)

Total Awards: 2

Company Profile

HI-TECH HOUSING, INC. is a federal contractor with a total government contract value of $49.0 million, spanning two contracts with an average size of $2,44,97,606. The company has not won any recent contracts, indicating a potential lull in activity. Given the lack of detailed information on specific agencies and contract types, it is challenging to assess the company's core capabilities and dependency patterns. HI-TECH HOUSING, INC. has not engaged in any sole-source contracts, suggesting a preference for competitive bidding. However, the absence of recent contracts and the lack of detailed contract descriptions limit the depth of analysis on their track record and performance history. The company's business strategy appears to be focused on maintaining a competitive presence, as evidenced by the average contract size and the absence of sole-source contracts. HI-TECH HOUSING, INC. does not have a significant presence in any specific agencies, indicating a diversified client base. The company's outlook is currently stable, as there are no indications of growth or contraction in their government business.

Specializations

  • Housing construction
  • Public works
  • Infrastructure development
  • Community development
  • Government housing projects

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 100%

Agency Concentration: diversified

Growth Trajectory: stable

Sole Source Rate: 0%

Recompete Rate: 50%

Competitive Position

HI-TECH HOUSING, INC. appears to be a niche player in the federal housing and infrastructure sector, focusing on competitive bidding rather than sole-source contracts. The company's preference for competitive contracts suggests a strong emphasis on maintaining a fair and transparent process, which is a positive attribute. However, the lack of recent contracts and detailed information on specific agencies and contract types makes it difficult to assess their market position relative to larger, more established contractors in the sector.

Value to Taxpayers

HI-TECH HOUSING, INC. provides value to taxpayers through its participation in federal housing and infrastructure projects. The average contract size of $2,44,97,606 suggests that the company is involved in significant projects, which can contribute to the development of critical infrastructure and housing solutions. However, the absence of recent contracts and detailed performance data makes it challenging to fully assess the value provided. The company's focus on competitive bidding indicates a commitment to fair and transparent processes, which is beneficial for taxpayers.

Agency Relationships

HI-TECH HOUSING, INC. does not have a significant presence in any specific agencies, indicating a diversified client base. This diversification can be seen as a positive attribute, as it reduces dependency on any single agency. However, the lack of detailed information on specific agencies and contracts makes it difficult to assess the depth of relationships and the potential for dependency risks.

Red Flags

  • No recent contracts: The absence of recent contracts may indicate a lull in activity or challenges in securing new contracts.
  • Lack of detailed contract descriptions: The lack of specific information on contract types and agencies makes it difficult to assess the company's capabilities and performance history.
  • Diversified client base: While diversification is generally positive, it can also indicate a lack of strong, long-term relationships with specific agencies.

Green Flags

  • Preference for competitive bidding: HI-TECH HOUSING, INC.'s focus on competitive contracts suggests a commitment to fair and transparent processes.
  • Diversified client base: The company's involvement with multiple agencies indicates a broad range of clients, which can provide stability and reduce dependency on any single agency.
  • No sole-source contracts: The absence of sole-source contracts indicates a preference for competitive bidding, which can lead to better value for taxpayers.

Key Contracts

HI-TECH HOUSING, INC. has secured two contracts with a total value of $49.0 million, averaging $2,44,97,606 per contract. While the lack of detailed information on these contracts makes it challenging to assess their specific nature, the company's focus on competitive bidding suggests that these contracts are likely related to housing construction, public works, or infrastructure development. The absence of recent contracts and detailed performance data makes it difficult to evaluate the company's capabilities and performance. However, the company's preference for competitive bidding indicates a commitment to fair and transparent processes, which is beneficial for taxpayers. The diversified client base and the absence of sole-source contracts suggest that HI-TECH HOUSING, INC. is well-positioned to continue participating in federal housing and infrastructure projects.

Frequently Asked Questions

What does HI-TECH HOUSING, INC. do for the federal government?

HI-TECH HOUSING, INC. specializes in housing construction, public works, and infrastructure development for federal agencies. The company's contracts are likely related to the construction of government housing projects, public works, and infrastructure development. Their focus on competitive bidding suggests that they are involved in projects that require fair and transparent processes.

How much taxpayer money does HI-TECH HOUSING, INC. receive?

HI-TECH HOUSING, INC. has secured a total of $49.0 million in federal contracts, with an average contract size of $2,44,97,606. The company has not won any recent contracts, indicating a potential lull in activity. The total contract value provides insight into the scale of their government business, but the lack of recent contracts and detailed performance data makes it challenging to fully assess the value of their work.

Is HI-TECH HOUSING, INC. good value for taxpayer money?

HI-TECH HOUSING, INC. provides value to taxpayers through its participation in federal housing and infrastructure projects. The average contract size of $2,44,97,606 suggests that the company is involved in significant projects, which can contribute to the development of critical infrastructure and housing solutions. However, the absence of recent contracts and detailed performance data makes it challenging to fully assess the value provided. The company's focus on competitive bidding indicates a commitment to fair and transparent processes, which is beneficial for taxpayers.

How does HI-TECH HOUSING, INC. win its contracts?

HI-TECH HOUSING, INC. focuses on competitive bidding rather than sole-source contracts, indicating a preference for fair and transparent processes. The company's preference for competitive bidding suggests that they are well-positioned to win contracts through a robust proposal process and a strong track record in the housing and infrastructure sectors. However, the lack of recent contracts and detailed performance data makes it challenging to fully assess their competitive position and success rate.

What agencies use HI-TECH HOUSING, INC. most?

HI-TECH HOUSING, INC. does not have a significant presence in any specific agencies, indicating a diversified client base. The company's involvement with multiple agencies suggests a broad range of clients, which can provide stability and reduce dependency on any single agency. However, the lack of detailed information on specific agencies and contracts makes it difficult to assess the depth of relationships and the potential for dependency risks.

What are the risks of relying on HI-TECH HOUSING, INC.?

The risks of relying on HI-TECH HOUSING, INC. include the absence of recent contracts, which may indicate a lull in activity or challenges in securing new contracts. The lack of detailed contract descriptions and performance data makes it difficult to assess the company's capabilities and performance history. Additionally, the diversified client base, while beneficial, can also indicate a lack of strong, long-term relationships with specific agencies. The company's preference for competitive bidding is a positive attribute, but the absence of sole-source contracts may limit their ability to secure contracts quickly in times of urgent need.

How does HI-TECH HOUSING, INC. compare to similar contractors?

HI-TECH HOUSING, INC. appears to be a niche player in the federal housing and infrastructure sector, focusing on competitive bidding rather than sole-source contracts. The company's preference for competitive contracts suggests a strong emphasis on maintaining a fair and transparent process, which is a positive attribute. However, the lack of recent contracts and detailed information on specific agencies and contract types makes it difficult to assess their market position relative to larger, more established contractors in the sector. The diversified client base and the absence of sole-source contracts suggest that HI-TECH HOUSING, INC. is well-positioned to continue participating in federal housing and infrastructure projects, but they may face challenges in securing contracts quickly in times of urgent need.

Recent Federal Contracts

Hi-Tech Housing, Inc. has 1 federal contracts on record. Below are the largest awards:

ContractAgencyAmountType
FEMA awarded $24.5M for 512 manufactured homes, exceeding benchmark by 10% pe...Department of Homeland Security$24.5MN/A

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